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How Prevailing Wage Laws Benefit Everyone


 

  • The laws require a wage rate that is normally paid for similar work in a geographical area.

  • Employers are required to compete based on good management, skill and efficiency, not on the wage rates of workers.

  • The laws protect community standards.

  • In providing quality employees, prevailing wage laws promote the development of training.

  • A competitive wage provides a stable and highly productive workforce.

  • Health and Pension benefits are encouraged for families and employee needs.

  • Employees contribute economic support to their respective communities.

  • Employee productivity, skills and quality of work are improved.

  • Accident reduction and safety improvements result through better trained and experienced employees.

  • Prevailing wage laws DO NOT increase the cost of public construction.

  • The focus is on competition and productivity, not wages.

  • Prevailing Wage laws provide standards and economic stability that benefit the contracting agency, the employer and the employee.  This is especially important to the public who invests in these projects with their own tax dollars.

If you have any more questions on prevailing wage or what makes up prevailing wage rates please contact us.  We will give you any information that we have to help you better understand prevailing wage and the benefits.  Best of all, it's always free!  



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